Public Debt in United States
Public debt averaged 111% of GDP in the decade to 2022, below the average for major economies of 118% of GDP. Public debt in the United States in 2022 was 122% of GDP. For more public debt information, visit our dedicated page.
United States Public Debt Chart
Note: This chart displays Public Debt (% of GDP) for United States from 2014 to 2023.
Source: Macrobond.
United States Public Debt Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Public Debt (% of GDP) | 108 | 130 | 125 | 121 | 123 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects American public debt projections for the next ten years from a panel of 14 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable public debt forecast available for American public debt.
Download one of our sample reports to visualize what a Consensus Forecast is and see our American public debt projections.
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